Grammer AG

  • WKN: 589540
  • ISIN: DE0005895403
  • Land: Deutschland

Nachricht vom 18.10.2019 | 13:56

Grammer presenting innovative passenger seats for urban and interurban buses

DGAP-News: Grammer AG / Key word(s): Miscellaneous

18.10.2019 / 13:56
The issuer is solely responsible for the content of this announcement.


Grammer presenting innovative passenger seats for urban and interurban buses

 

- Expansion of product portfolio opening up further attractive markets

- Grammer establishing itself as a full line supplier in the bus segment

- Selected seating solutions on display at Busworld Europe 2019


Brussels, Belgium / Amberg, Germany, October 18, 2019 - Grammer AG is returning to bus business with a comprehensive range of passenger seats for urban and interurban buses. "In our view, the bus market will benefit greatly from the changes in individual mobility in the future. For this reason, we have decided to return to the bus market with a newly developed range of state-of-the-art passenger seats and to gain market share with these innovative products," says Timo Bauer, Vice President of Grammer Railway Interior GmbH.

Grammer will be presenting important new additions to its innovative range of modern passenger seats to the public for the first time at Busworld Europe, the industry's leading trade fair taking place in Brussels from October 18 to 23, 2019. In developing its sophisticated solutions, Grammer has been able to harness diverse synergistic effects from its Commercial Vehicles division. The declared strategic goal is for Grammer to evolve into a full-line supplier in the bus sector as well and to offer integrated solutions enhancing comfortable and safe bus travel. "With our intelligent and functional seats for buses, we are perfectly positioned to achieve this. Our range of driver and passenger seats for buses is strictly geared to the specific requirements of the market. At the same time, our customers are able to benefit from the many years of experience that we have gained in developing driver and passenger seats in the rail sector," Timo Bauer adds.

Further information on Grammer Railway Interior GmbH's product highlights in the bus and rail sector can be found at https://myseatlounge.grammer.com.


Company profile

Located in Amberg, Germany, Grammer AG specializes in the development and production of components and systems for automotive interiors as well as suspended driver and passenger seats for onroad and offroad vehicles.
In the Automotive Division, we supply headrests, armrests, center console systems, high-quality interior components, operating systems and innovative thermo-plastic solutions to premium automakers and automotive system suppliers.
The Commercial Vehicles Division comprises seats for the truck and offroad seat segments (tractors, construction machinery, forklifts) as well as train and bus seats.
With approximately 15,000 employees, Grammer operates in 19 countries around the world. Grammer shares are listed in the Prime Standard and traded on the Frankfurt and Munich stock exchanges via the electronic trading system Xetra.




Contact:
GRAMMER AG
Boris Mutius
Phone: 0049 9621 66 2200
investor-relations@grammer.com


18.10.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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